Fund Evaluator:

Columbia Seligman Global Technology S Overview

Columbia Seligman Global Technology S (CSGAX) is an actively managed Sector Equity Technology fund. Columbia Threadneedle launched the fund in 2024.

The investment seeks long-term capital appreciation. The fund generally invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of U.S. and non-U.S. companies with business operations in technology and technology-related industries. It generally invests at least 40% of its net assets in companies that maintain their principal place of business or conduct their principal business activities outside the U.S., have their securities traded on non-U.S. exchanges or have been formed under the laws of non-U.S. countries. The fund is non-diversified.

About Columbia Seligman Global Technology S (CSGAX)

There are 6 members of the management team with an average tenure of 13.56 years: Shekhar Pramanick (2014), Sanjay Devgan (2014), Christopher Boova (2016), Vimal Patel (2018), Paul Wick (1994), Sanjiv Wadhwani (2021). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and MSCI World/Information Tech NR USD index with a weighting of 100%. Columbia Seligman Global Technology S has 77 securities in its portfolio. The top 10 holdings constitute 45.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Columbia Seligman Global Technology S is part of the Equity global asset class and is within the Sector Equity fund group. Columbia Seligman Global Technology S has 3.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 92.5%. There is 3.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Columbia Seligman Global Technology S has 4.0% of the portfolio in cash.

Assets Under Management

The fund has $15 million in total assets, which is below the $1 billion average for the Technology category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

CSGAX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Columbia Seligman Global Technology S expense ratio is high compared to funds in the Technology category. Columbia Seligman Global Technology S has an expense ratio of 1.00%, which is 18% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Columbia Seligman Global Technology S has a portfolio turnover rate of 25%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 78% for the Technology category.

Recently, in the month of July 2026, Columbia Seligman Global Technology S returned -8.0%, which earned it a grade of C, as the Technology category had an average return of -8.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Columbia Seligman Global Technology S has a trailing yield of 0.00%, which is below the 0.05% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Columbia Seligman Global Technology S Grades

Year to date, the fund has returned 45.0%, 23.6 percentage points better than the category, which translates into a grade of A. The fund has returned 78.0% over the past year (grade of A), 38.2% over the past three years (grade of A) and 22.9% per year over the past five years (grade of A) and 26.3% per year over the past 10 years (grade of A).

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